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Editas Medicine Inc

editasmedicine.com

What Do They Do?

Develops CRISPR gene-editing medicines for people with serious diseases and licenses its gene-editing technology to pharmaceutical and biotechnology partners.

How Do They Make Money?

Partners pay for licenses and research work through upfront fees and research-cost reimbursements; they may also pay when development or regulatory milestones are reached and owe royalties on licensed-product sales.

FY2025 revenue

Who Are Their Customers?

Pharmaceutical and biotechnology companies work directly with Editas through research collaborations and licenses to its gene-editing technology.

Do Revenues Turn Into Profits?

No. It lost $160.1M in FY2025.

Operating income, FY2025
−395% of revenue
▼ −36% (Loss) vs FY2024 (−$251.2M, −777%)
Net income, FY2025
−395% of revenue
▼ −32% (Loss) vs FY2024 (−$237.1M, −734%)
Free cash flow, FY2025
−409% of revenue
▼ −24% (Loss) vs FY2024 (−$219.1M, −678%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +232%
vs $3.6M in Q2 FY2025
Net income
▼ −66% (Loss)
vs −$53.2M in Q2 FY2025
  • Apr 7, 2026 Replaced Ernst & Young with PwC as independent auditor The audit committee appointed PwC after soliciting proposals and conducting a formal review.

Growing. Revenue grew 59% in 4 years, from $25.5M in FY2021 to $40.5M in FY2025, about 12% a year.

From ex vivo treatments to in vivo editing The older report centered on ex vivo gene-edited treatments for blood disorders, while the latest centers on in vivo editing for elevated cholesterol and other tissues.

Who Do They Compete With?

Competes with AccurEdit Therapeutics, CRISPR Therapeutics, Eli Lilly, EmendoBio, nChroma Bio, Scribe Therapeutics, Tune Therapeutics, Yoltech Therapeutics, Beam Therapeutics, BRL Medicine, Ensoma, Genetix Biotherapeutics, Vertex, Caribou Biosciences, Intellia Therapeutics, Mammoth Biosciences, Prime Medicine, Sangamo Therapeutics, Amgen, and Regeneron Pharmaceuticals

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